15. Commitments and Contingencies

The Company is involved in various claims and
lawsuits arising in the normal course of business. These proceedings could result in fines, penalties, compensatory or treble dames
or non-monetary relief. The nature of legal proceedings is such that the Company cannot assure the outcome of any particular matter,
and an unfavorable ruling or development could have a materially adverse effect on our consolidated financial position, results
of operations and cash flows in the period which a ruling or settlement occurs. However, based on information available to the
Company’s management to date, the Company’s management does not expect that the outcome of any matter pending against
us is likely to have a materially adverse effect on the Company’s consolidated financial position as of June 30, 2018, results
of operations, cash flows or liquidity of the Company.